Business

Dec
21
2025
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By Dairy News
Abia Goes Electric as Governor Otti Rewrites the Story of Public Transportation

Abia Goes Electric as Governor Otti Rewrites the Story of Public Transportation

Technology, Breaking, Business, Economy
Ebere Uzoukwa, PhD With the rollout and formal commissioning of its first batch of state owned electric buses on Monday, 22nd December 2025, Abia State is taking a decisive step into the future of public transportation. The commissioning ceremony, scheduled for 1:00 pm at the International Conference Centre (ICC), Umuahia, will be performed by His Excellency, Dr. Alex Chioma Otti, OFR, Executive Governor of Abia State. This initiative marks a significant policy shift under Governor Otti’s administration, reflecting a deliberate commitment to infrastructure renewal, environmental sustainability, and people centered service delivery, key components of modern governance. The introduction of electric…
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Nov
16
2025
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By Dairy News
Nigeria’s Economic Outlook Improves as S&P Global Ratings Upgrades Outlook to “Positive”

Nigeria’s Economic Outlook Improves as S&P Global Ratings Upgrades Outlook to “Positive”

Breaking, Business, Economy
Nigeria's economic prospects are becoming more promising, thanks to the Central Bank of Nigeria's (CBN) efforts to stabilise the economy. CBN Governor Olayemi Cardoso has welcomed the decision by S&P Global Ratings to revise Nigeria's sovereign outlook to "positive" from "stable", describing it as a validation of the country's ongoing economic reforms. Speaking at a strategic session in Abuja, Cardoso noted that the CBN has made significant progress in stabilising the economy, making it a beacon of hope for investors and citizens alike. The upgrade is expected to boost investor confidence, attract foreign investment, and support long-term economic growth. Key…
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Nov
08
2025
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By Dairy News
CBN Sees Bank Recapitalisation as Key to Unlocking Nigeria’s $1 Trillion Economy

CBN Sees Bank Recapitalisation as Key to Unlocking Nigeria’s $1 Trillion Economy

Breaking, Business, Economy,
The Central Bank of Nigeria (CBN) has emphasized that the ongoing bank recapitalisation exercise is a strategic move to strengthen the country's financial system and position it to achieve its $1 trillion economic ambition by 2030. Speaking at a retreat in Abeokuta, Ogun State, CBN Deputy Governor Philip Ikeazor stated that the recapitalisation policy is designed to equip Nigerian banks to withstand shocks, expand credit to the real sector, and drive inclusive growth. Ikeazor noted that the exercise is a statement of resilience and ambition, aimed at building institutions that can finance infrastructure projects, support innovation, and promote sustainable growth.…
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